Re:Wells Fargo's Bid to Vanquish Screen Scraping
by shaftway on Tuesday June 07, 2016 @05:30PM
(#11858059)
From an insider's perspective, yes. They are completely technically illiterate. Banks. Exchanges. Brokers. The whole financial services industry.
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Re:Wells Fargo's Bid to Vanquish Screen Scraping
by spangry on Tuesday June 07, 2016 @05:35PM
(#11858086)
Oh yeah, don't get me started on exchanges. I'm astounded at how bad their technical processes are. The ASX (Australian Stock Exchange) has something like a 3 day time to settlement. And I'm told it's one of the more 'modern' exchanges (I guess the other ones are still using stock tickers and abacuses).
Re:Wells Fargo's Bid to Vanquish Screen Scraping
by meric on Tuesday June 07, 2016 @08:20PM
(#11859132)
Unfortunately 2 days now. I appreciate the time to settlement because I could buy my shares and pay 2 days later. Sometimes it takes time to get funds from other accounts, and I wanted to buy (or sell) today, for example, when the quarterly just came out.
Re:Wells Fargo's Bid to Vanquish Screen Scraping
by PhasmaFelis on Tuesday June 07, 2016 @09:11PM
(#11859318)
Part of me wants to sneer in disgust, but part of me considers that we live and work in a tech industry that truly, honestly believes that "move fast and break things" is a great design principle, and maybe we don't want those people in charge of the foundation of the global economy.
I dunno.